Business
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Wreaths Across America Recognizes Bennett Family of Cos.
The Bennett Family of Cos. was recognized by Wreaths Across America as the sixth recipient of its annual James Prout Spirit of Giving Award.
September 24, 2021Costco Limits Paper Products, Water Due to Supply Chain Delays
Costco is bringing back purchase limits on some essential items like toilet paper, paper towels, bottled water and high-demand cleaning products, and it’s blaming supply chain delays.
Apex Capital Launches 24/7 Freight Factoring Service
Apex Capital launched a new service that allows its clients to factor freight invoices during off hours, the company announced Sept. 22.
September 24, 2021Pass the Test and Tesla Owners Might Get Full Self-Driving Beta Access
The wait is almost over for some Tesla Inc. customers to get access to driver-assistance technology the company has marketed in controversial ways — as long as they’re on their best behavior.
Biden: Budget Talks Have Hit ‘Stalemate’
WASHINGTON — President Joe Biden said Sept. 24 that talks over his $3.5 trillion rebuilding plan have hit a “stalemate” in Congress as he made the case for his expansive effort to recast the nation’s tax and spending programs and make what he sees as sweeping, overdue investments.
Pittsburgh Unveils Long-Term Transportation Blueprint
Picture Pittsburgh 50 years from now with these transportation changes: a terminal in a central location to handle a hyperloop system, vehicles for vertical takeoffs and landings, and high-speed trains; aerial trams linking neighborhoods; and new bridges crossing the Monongahela River at Hazelwood for motorized vehicles and at the former Wabash rail bridge piers for bikes and pedestrians.
Mercedes-Benz Plans $8.2 Billion European Battery Venture
Daimler AG will team up with Stellantis NV and TotalEnergies SE to boost the scale of their European battery venture to more than 7 billion euros ($8.2 billion) in a move to secure supplies for electric Mercedes-Benz cars.
UK Scrambles for Truckers Amid Supply Woes
The U.K. is short tens of thousands of drivers, as factors including Brexit and the coronavirus pandemic converge to create a supply chain crunch.
Port of Houston Fended Off Hacking Attempt
The Port of Houston issued a statement Sept. 23 saying it had successfully defended against an attempted hack in August and “no operational data or systems were impacted.”
Mack Defense Delivers Heavy Dump Trucks to US Army
ALLENTOWN, Pa. — Mack Defense officially delivered to the U.S. Army and the U.S. Army Reserve the first M917A3 heavy dump trucks during a tented ceremony Sept. 23.